When is the payment for the Crepe De Licious Food Truck Initial Franchise Fee due?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid | |
|---|---|---|---|---|---|
| Low | High | ||||
| Initial Franchise | $35,000 | $35,000 | Lump sum | Upon signing of | Us |
| Fee(1) | Franchise Agreement | ||||
| Territory | $10,000 | $10,000* | Lump Sum | Due before Franchise | Us |
| Reservation Fee(1) | Agreement is signed |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 18–25)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the initial franchise fee, which ranges from $35,000 to $35,000, is due upon the signing of the Franchise Agreement. This fee is a lump sum payment made to Crepe De Licious.
Prospective franchisees should note that this fee is for the pre-opening assistance provided by Crepe De Licious to help the franchisee establish their business. It is important to have the funds readily available when the Franchise Agreement is signed to avoid any delays in the process.
It is also important to note the distinction between the Initial Franchise Fee and the Territory Reservation Fee. The Territory Reservation Fee, which is between $10,000 and $10,000, is due before the Franchise Agreement is signed. This Territory Reservation Fee is credited towards the Initial Franchise Fee if you purchase a Franchise and sign a Franchise Agreement.